Skip to Main Content
Access to Asia: Your Multicultural Guide to Building Trust, Inspiring Respect, and Creating Long-Lasting Business Relationships
book

Access to Asia: Your Multicultural Guide to Building Trust, Inspiring Respect, and Creating Long-Lasting Business Relationships

by Liz Alexander, Bob Waisfisz, Sharon Schweitzer
April 2015
Intermediate to advanced content levelIntermediate to advanced
400 pages
9h 32m
English
Wiley
Content preview from Access to Asia: Your Multicultural Guide to Building Trust, Inspiring Respect, and Creating Long-Lasting Business Relationships

Chapter 6Hong Kong

c02f000
You can leave Hong Kong, but it will never leave you.

Nury Vittachi, Hong Kong: The City of Dreams

Introduction

The sun rises in the east, sets in the west, and meets in Hong Kong, also known as the pearl of the Orient. The island is a harmonious fusion of Eastern and Western cultures, the stepping-stone port of entry into China. Hong Kong's beautiful skyline, new airport, natural harbor, world-renowned shopping centers, and film industry all made it an international hub. There is little doubt that this East-West mindset is reflected in the way Hong Kongers conduct business.

This bicultural mindset has helped to create a flourishing service-oriented economy, representing one of the highest per-capita incomes in the world.1 Hong Kong is ranked first in the world, the top-rated economic freedom according to the Index of Economic Freedom, a spot it has held for 20 consecutive years.2 The economy is bolstered by the fact that it is a free port without customs tariffs or value-added taxes imposed. This market opens its arms wide to foreign investments without undue regulations and is a direct channel for investment in China. All these things have contributed to making Hong Kong a place with the ‘highest level of economic freedom worldwide.’3

Hong Kong is a world financial hub operating under ‘one country, two systems,’ providing autonomy in economic and social ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

The Year in Tech 2022: The Insights You Need from Harvard Business Review

The Year in Tech 2022: The Insights You Need from Harvard Business Review

Harvard Business Review, Larry Downes, Jeanne C. Meister, David B. Yoffie, Maelle Gavet
The Year in Tech, 2021: The Insights You Need from Harvard Business Review

The Year in Tech, 2021: The Insights You Need from Harvard Business Review

Harvard Business Review, David Weinberger, Tomas Chamorro-Premuzic, Darrell K. Rigby, David Furlonger

Publisher Resources

ISBN: 9781118919040Purchase book